TVS Srichakra Limited — JV/Acquisition, 27-11-2025: Acquisition
27-11-2025 | 01:38 pm
27-11-2025 | 01:38 pm
TVS Srichakra has acquired a 5.92% stake in Navia Two Power Private Limited for a modest Rs. 0.0059 Cr. Navia is a newly formed renewable energy venture that will generate power from non-conventional sources. This strategic investment is crucial for TVS Srichakra to secure its future renewable energy needs under a Group Captive model, ensuring regulatory compliance. It enhances sustainable operations and long-term energy efficiency, despite Navia yet to commence operations.
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